Change in Max Withdrawals Online | Motive Financial | Discussion forum

smayer97 said
It turns out that Motive has recently changed the max limit for withdrawals online. It used to be $150K/transaction. As of Aug 15, 2024, that limit is now $50K PER DAY! I am told it is because they experienced some fraud and made a quick and permanent decision to change the limit.

You can still call in to override this limit.  

Thanks. Still a lot better than some, like Tang for example.

smayer97 said
It turns out that Motive has recently changed the max limit for withdrawals online. It used to be $150K/transaction. As of Aug 15, 2024, that limit is now $50K PER DAY! I am told it is because they experienced some fraud and made a quick and permanent decision to change the limit.

You can still call in to override this limit.  

Absolute nonsense, at saven I can transfer with no limits.

I was annoyed even at simplii because you cannot transfer more than 50k from account to account. If you want to do 250k you have to do 5 transactions but you can push or pull unlimited.

I would never do larger deposits with an institution that limits what I can withdraw.